Given:
Selling Price (SP) at 5% loss = Rs. 30,875
Required gain = 7%
Formula Used:
CP =
New SP =
Solution:
CP =
SP =
= 32500
=
= ₹34,775
Alternate method:
Cost Price = 100%
Frist Selling Price = 100 – 5 = 95%
95 = 30,875
1 = 325
So that After 7% profit = 107%
107% = = 34,775
English
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